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This meticulously built 3452 sf new home in Newport's Yachting Village has everything a discriminating buyer would want. Few properties offer the Savant Smart System technology allowing the owner to operate the home from anywhere. The builder, known for high-end construction, has included amenities seldom seen in most homes that are on the market. There is an open floor plan, ideal for today's lifestyle. State-of-the-art kitchen features custom inset cabinetry, gorgeous book matched quartzite counters, and high-end appliances. This water view architecturally-designed home is ideal for year-round or summer living. Constructed with steel and 2x6 framing, cast iron plumbing, icynene thermal and sound insulation, radiant heat, engineered white oak flooring throughout, and a Hardie Plan, exterior, this home's owner can look forward to years of maintenance free enjoyment. Extensive landscaping offers a sanctuary space to entertain. Mature plantings further enhance the property. Sliding glass doors lead to the large private patio. Within walking distance to New York Yacht Club, Ida Lewis Yacht Club, town, restaurants, and King Park Beach, the home has an outdoor shower, 3 off-street parking spaces, plus a rare attached garage. The 1st floor houses the inviting kitchen with 12. 5' island, great room, fireplace, powder room, beverage bar, and mudroom. The 2nd floor houses 2 ensuite bedrooms while the 3rd floor has another bedroom suite and flex space.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,679 | $17,013 | $23,439 |
| Total Monthly Payment | $15,804 | $17,138 | $23,564 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.